What are the responsibilities and job description for the Compliance Associate position at City National Bank?
City National Bank and Trust
Job Description : Compliance Associate
Department : Compliance
Status : Full time
Description : Assist the Compliance Department in planning and conducting independent monitoring of financial institution activities to determine the adequacy and effectiveness of internal controls and compliance with existing bank policies, procedures and regulatory requirements / guidance. The Compliance Associate will specialize in one or more of the following areas : BSA / AML, CRA, Operations, Loans or Risk Management.
Responsibilities :
- Examines bank policies, procedures and practices to ensure compliance with state and federal laws and regulations through compliance monitoring.
- Remains current with the changes to state and federal banking laws and regulations affecting the management, operations, and product offerings of the bank.
- Coordinates with operating departments to ensure adherence to laws and regulations relating to new or revised products and services offerings of the bank.
- Provides senior management with information to accurately determine the bank's extent of compliance.
- Assists in the design and implementation of internal monitoring programs, procedures, and processes.
- Performs research to aid in answering compliance-related questions on a daily basis from bank personnel.
- Maintains confidentiality on all bank files, records, work papers, minutes, etc.
- Schedules meetings with the operating units and managers, as necessary, to provide information on compliance matters that affect their respective areas.
- Completes required compliance training and other training as assigned.
- Performs any other related duties as required or assigned.
Requirements :
